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State tax filing
North Carolina would have a capital loss of $1000 in 2021.
North Carolina does not allow a carryover loss deduction. They allow you to take the deduction that year. For example, if in 2022 you have a capital loss of $5000, the Federal Return would show a $3,000 loss. North Carolina would allow the full $5,000 loss.
‎February 21, 2022
12:27 PM